Securing the Future of Your NFTs: The Importance of Permanent Backup for Digital Art
As the world of digital art gains traction, the fragility of its existence becomes more apparent. The rise of Non-Fungible Tokens (NFTs) has brought about a new era of digital art, but what happens when the hosting platform disappears? Or when the link to your prized digital artwork breaks? What guarantees do we have that our NFTs will still exist in 2035?
The Dangers of Disappearing Hosting
The permanence of NFTs is tied intrinsically to the platforms that host them. However, these platforms are not infallible and their disappearance could equate to the loss of your digital art. A study from the University of British Columbia found that an alarming 30% of URLs referenced in scientific papers no longer worked after just five years [1]. This shows the transitory nature of digital platforms and the risk it poses to NFTs which rely on them for existence.
The Risks for Collectors and Artists
For collectors, the loss of an NFT could mean saying goodbye to a significant investment. The volatile nature of the crypto market is well known, but the potential disappearance of a digital asset adds another layer of risk. Similarly, for artists, the loss of an NFT could mean the erasure of their work and the potential income it could generate.
OpticalBackup as a Preservation Strategy
OpticalBackup offers a solution to the problem of NFT loss with a robust backup strategy. With OpticalBackup, NFT owners can ensure the long-term preservation of their digital assets. It offers an immutable backup system that protects against loss due to disappearing hosting platforms or broken links. OpticalBackup uses cutting-edge technology to provide offline backup solutions, ensuring your NFTs exist beyond the life span of their hosting platforms.
Tools and Formats to Consider
When considering a backup solution for your NFTs, it’s essential to consider the format of your backups. OpticalBackup supports a wide range of formats, ensuring that your digital art is preserved in its original form. Additionally, OpticalBackup also offers a suite of tools to manage your backups, making it easy to access and restore your digital art when needed.
The world of NFTs is exciting and full of potential, but it’s important not to overlook the risks. Just as you would insure a physical piece of art, it’s crucial to ensure your digital art is protected. With OpticalBackup, you can protect your NFTs against loss and ensure they will still exist in 2035 and beyond.
Don’t wait for disaster to strike. Protect your digital art with OpticalBackup today.
References
1. University of British Columbia study on URL decay: https://journals.plos.org/plosone/article?id=10.1371/journal.pone.0115253
More on OpticalBackup’s solutions: https://opticalbackup.com/blog/how-opticalbackup-can-secure-your-nfts-for-the-future/
